A food manufacturing company wants to hire an auditing firm to asses their food safety performance. Two auditing firms are considered: firm A will change 42$/hr and a flat fee of $4500, while firm B will charge 50$/hr with a flat fee of $3900. What is the break-even point in number of required auditing hours that would yield equal value from both companies?
A food manufacturing company wants to hire an auditing firm to asses their food safety performance. Two auditing firms are considered: firm A will change 42$/hr and a flat fee of $4500, while firm B will charge 50$/hr with a flat fee of $3900. What is the break-even point in number of required auditing hours that would yield equal value from both companies?
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 5CT: A custom-blend bird seed is made by mixing two types of bird seeds costing $0.75 per pound and $1.25...
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A food manufacturing company wants to hire an auditing firm to asses their food safety performance. Two auditing firms are considered: firm A will change 42$/hr and a flat fee of $4500, while firm B will charge 50$/hr with a flat fee of $3900. What is the break-even point in number of required auditing hours that would yield equal value from both companies?
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